Establish team performance plan

Establish team performance
plan

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Determination of different elements for proposed e-commerce venture.....................................1
Term performance plan................................................................................................................2
CONCLUSION................................................................................................................................4
REFERENCES................................................................................................................................5

INTRODUCTION
Team performance can be defined as the element which is required for success of each
and every organisation. In order to reach long term business goals it is vital for companies to
make sure that all the individuals who are working in teams are performing all their jobs properly
(D’Innocenzo, Mathieu and Kukenberger, 2016). The enterprise which is selected for this report
is Apparel Brans which was founded in year 1901. It is an Australian company which is a
manufacturer and distributor of generic clothing and footwear. In order to deal with all the
negative factors such as competition the entity have decided to develop own brands and leverage
e-commerce opportunities. This assignment covers various topics such as determination of
various elements such as value proposition, target market etc. Apart from this, a team
performance plan is also formulated for effective execution of planned activities.
MAIN BODY
Determination of different elements for proposed e-commerce venture
Apparel Brands have found that its market share is decreasing due to increase
competition and strong Australian Dollar. On the other hand higher labour cost is resulting in
lower profits for the company. In order to strengthen the financial position the organisation have
planned to develop own brands and leverage e-commerce opportunities so that distribution costs
could be reduced and higher profits could be generated (De Jong, Dirks, Gillespie, 2016). The
team which was tasked to identify e-commerce opportunity for the organisation have suggested
the management that the company should develop a website where customers can place orders
for customised clothes. Here, they will provide details about what they want and the organisation
will make products accordingly. The budget to establish the business is $30000. key elements
which are required to be determined for proposed venture are as follows:
Value proposition: It is a type of promise which is made by a company to its customers
that valuable services and products will be delivered to them. Apparel Brands have decided that
customised t-shirts, joggers, shirts, tops and other clothing items will be offered to customers.
Minimum price for clothes will be around 10 Dollars and it will vary according to the choice of
item and customisation requirement of customers (Meneghel, Salanova and Martínez, 2016).
Quality of clothes sold by the enterprise will be high. It will benefit them by providing them such
products that they always wanted to wear.
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